Haloalkanes and Haloarenes Part 2

Given below are two statements:Statement I: The conversion proceeds well in the less polar medium.
CH3−CH2−CH2−CH2−Cl‌

HO−

───────▶

CH3−CH2−CH2−CH2−OH+Cl(−)
Statement II: The conversion proceeds well in the more polar medium.
CH3−CH2−CH2−CH2−Cl‌

R3¨N

───────▶

CH3−CH2−CH2−CH2−

R | N ‌‌‌‌‌‌|(+)

R

−R‌Cl(−)
In the light of the above statements, choose the correct answer from the options given below